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Dear Alumni,
 The
global hotel industry demonstrated positive signs of recovery during 2010.
Industry fundamentals strengthened, and various hotel markets in the Americas
and Europe heated up. The industry’s improved performance has led to increasing
hotel sales activity, and competition for quality assets in hot markets –
including many in the gateway cities – has intensified. Debt financing is
becoming more available again, especially for quality assets in strong markets.
In my corner of the HVS world, the overall Caribbean market is also recovering,
and growth is expected to accelerate as the U.S. economic recovery gains
momentum.
HVS continues its mission – through its offices worldwide – to increase its
participation as the active host for a multitude of conferences throughout the
year. Among the recently launched conferences:
- This past October, Arturo Garcia Rosa and Graciana Garcia Iribarne of
HVS Buenos Aires and HVS Lima hosted the South American Hotel & Tourism
Investment Conference (SAHIC) in Cartagena, Columbia. In only its third year,
SAHIC was a huge success, with over 350 attendees.
- Also in October, US Hotel Appraisals hosted the 2010 Hospitality
Round-Up in Dallas. This symposium provided a forum to assist owners and
operators of limited-service hotels with ideas, services, and strategies in
light of the recent economic downturn.
- In mid-December, HVS hosted the second annual Hotel Operations Summit
India (HOSI). This conference is the first of its kind, dedicated to hotel
operations in India. According to Manav Thadani, Managing Director of HVS in
India, “prior to HOSI, the country had no well-organized conference focused on
hotel operations. HVS took the initiative of bringing international quality
standards and Indian hotel operations together under one common platform called
Hotel Operations Summit.”
- HVS Mexico City has announced the first annual Mexico Hotel and Tourism
Investment Conference, or MexHIC, a forum for interaction between market
participants focused on defining market drivers and visualizing a path for sound
industry growth. MexHIC will take place in February 2011 at the St. Regis Hotel,
Mexico City.
As we enter a new year, we anticipate that the recovery of the global
hospitality industry exhibited in 2010 will accelerate significantly in 2011. In
closing, we wish all HVS alumni and industry colleagues a bright and prosperous
New Year.
Parris Jordan
Managing Director - HVS Bahamas
pjordan@hvs.com
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SAVE THE DATE: SOCIAL MEDIA & HOTEL MARKETING |
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Monday, February 7th 2011
7:30 pm to 8:30 pm
at Hilton Arc de Triomphe Paris |
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The panel discussion will focus on the rise of social media and how this
has influenced the global hotel industry. The event will be followed by
a cocktail reception.
For more information and to register for the event please email Pooja at
PVir@HVS.com or call her on +44 20 7878-7756. |
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HVS BUENOS AIRES CELEBRATES 10TH ANNIVERSARY OF HOSPITALITY LEADERSHIP IN LATIN
AMERICA |
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In November 2000, Arturo García Rosa, an industry joined forces with Steve
Rushmore and opened HVS Buenos Aires, with García Rosa as its president. Prior
to this affiliation, García Rosa had headed RHC – Hospitality Consulting since
1995, after eleven years as the Managing Director of the renowned and
prestigious Alvear Palace Hotel.
Under the HVS banner, the company has placed greater focus on the overall
Latin American market, especially on Colombia, Peru, Chile, Argentina, Uruguay,
Panama, Costa Rica, and Ecuador. The company offers a wide range of services to
assist the hotel and real estate industries and tourist destinations. |
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SOLD: THE RADISSON BLU SCANDINAVIA HOTEL |
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HVS Hodges Ward Elliott successfully completed the sale of the Radisson Blu
Scandinavia Hotel in Düsseldorf, Germany. The 309-room hotel, which was sold to
Wenaasgruppen from Norway, achieved a sales price of over €32 million. The hotel
will undergo a major renovation and was sold subject to a new long term
management agreement with Rezidor. |
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HVS ALUMNI DIRECTORY ACCESS |
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Please check the HVS alumni directory (www.hvs.com/alumni) to confirm
your contact information is up-to-date! You can check out what your
former colleagues are up to and remain informed of all alumni
activities.
The username and password for everyone is:
USERNAME: hvsalumni
PASSWORD: hvsalumni |
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HVS SPONSORED INDUSTRY CONFERENCES |
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 HOTEL
INVESTMENT CONFERENCE SOUTH ASIA (HICSA)
APRIL 6-7, MUMBAI
The 6th edition of HICSA held in April 2010 was a resounding success
having recorded an attendance of nearly 600, comprising hoteliers,
investors, bankers, developers, architects and interior designers. HICSA
2010 showcased 16 global leaders from the world’s premier hospitality
brands – a first ever in India – and the result was a panorama of
knowledge such as enhanced benchmarks, targets, strategies & trends for
future along with providing prospects for new businesses. HICSA 2011 yet
again promises some of the most illustrious global influencers sharing
their views. A sneak peek into the confirmed names: Christopher
Nassetta, President & CEO, Hilton Worldwide; Frits van Paasschen,
President & CEO, Starwood Hotels and Resorts; Raymond Bickson, Managing
Director & CEO, Taj Hotels Resorts and Palaces, Ralf Ohletz Count von
Plettenberg, President, Regent Hotels & Resorts; Steve Joyce, President
& CEO, Choice Hotels International; Raymond Bickson, President & CEO,
Taj Group of Hotels; Deepak S Parekh, Chairman, HDFC Ltd.; Nakul Anand,
Divisional Chief Executive-Hotel Division, ITC Group; and Jean Gabriel
Peres, Chief Executive Officer, Mövenpick Hotels & Resorts, amongst
others.
www.hicsaconference.com |
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CHINA HOTEL INVESTMENT CONFERENCE (CHIC)
APRIL 20-22, SHANGHAI
As The Most Influential Hotel Investment Conference in China,
the 7th revised edition of the China Hotel Investment Conference (CHIC)
is scheduled on 20 to 22 April 2011 in Shanghai. Over the past 6 years,
the Conference has hosted over 3,500 delegates from 25 countries. It is
widely recognized as an international level event held in Shanghai
annually and attended by industry leaders, owners, developers,
investors, financiers and professionals from around the globe. Co-hosted
by China Tourism Academy, Beijing International Studies University and
HVS, the 2011 event is expected to be an important platform for key
industry players with an interest in China.
www.chinahotelconference.com |
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SOUTH AMERICAN HOTEL & TOURISM INVESTMENT
CONFERENCE
SEPTEMBER 21-22, SANTIAGO DE CHILE
As the most influential hotel investment conference in South America, SAHIC
is the key place to meet the main players of the hotel and real estate business.
This conference has undoubtedly turned into the event to understand how to take
advantage of the great investment opportunities in the region. Organized in a
different South American city each year, the SAHIC 2011 host country in 2011
will be Chile.
www.sahic.com |
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 ARABIAN
HOTEL INVESTMENT CONFERENCE
APRIL 30-MAY 2, DUBAI UAE
The Arabian Hotel Investment Conference has successfully established
itself as the No.1 business platform for the Middle East’s hotel
investment market; a unique meeting point for the industry’s investors,
owners and operators to discuss and explore the investment opportunities
in the region.
www.arabianconference.com |
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KAREN RUBIN
SVP GLOBAL DEVELOPMENT POLICY AND FEASIBILITY
Starwood Hotels and Resorts
My current role with Starwood Hotels and Resorts includes some functions
that are directly related to the kinds of work I performed at HVS, and
also a number of other functions that are not so directly related. The
beauty of the HVS experience is that it not only gives you specific
technical expertise and broad exposure to both markets and clients of
all types, but also that it forms you as a business professional. You
might not even realize it, but you learn problem-solving skills that are
applicable to any form of business life. If you pay attention, you learn
how to parse out quantitative analysis in a way that can be translated
broadly throughout almost any business function. And at the same time,
you learn how to present yourself, your solutions, your ideas, and you
learn how to message to almost any kind of audience, from the most
experienced and confident seasoned industry executive to the industry
"newbie". The combination of technical and "soft" skills that you get to
develop at HVS provides the strongest possible foundation for a
successful career. You also at HVS can't help but be imbued with the
ability, the tools, and the drive to actually deliver results, and in a
timely way. Not everyone "gets" this. It's always one of my goals to
pass along to the new folks on my team these same skills. Hats off to
HVS, and to those of you who are there today.... enjoy this fabulous
opportunity! |
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PETER TENGSTROM
Founding Partner, CEO
Midstar
During his studies at Cornell University, Peter completed a summer
internship in 1997 at the HVS London office. When he graduated from Cornell,
he worked for a number of years in consultancy before joining the
development team at Pandox AB and later Rezidor Hotel Group responsible for
business development in the Nordic and Baltic region. Today, Peter is one of
the founders and the CEO of Midstar, a Swedish based hotel real estate
company with investment capabilities in the Nordic and Baltic regions.
Peter has most recently been in the headlines for the recent acquisition
of the entire Sweden portfolio of Accor, including 14 Ibis hotels and 4
Formule 1 properties. Midstar signed a joint venture with operator Event
Holding to manage the hotels and Accor will continue to flag the 18 hotels,
comprising 1,760 rooms, under a franchise agreement. Sveafastigheter Fund
III is the majority owner in this acquisition. Talking about the hotel fund
and the recent acquisition Peter mentioned that they are looking to acquire
more hotel assets in the next 3 years especially in the Nordic region and
had a positive outlook for the next few years. Congratulations on the
acquisition and the best of luck in your future projects! |
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Do you have a funny story or experience from your days at HVS? Several anecdotes
have been passed down through HVS generations but we would love to hear
first-hand some of the funny stories people have from their days as consultants.
For example: How many speeding tickets have you acquired? Have you ever been
chased off a property? Please email Kelly at
kfitzpatrick@hvs.com with your experiences. |
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We appreciate your help in keeping HVS alumni connected, and we welcome you to
share new information from your personal and professional lives through the
site. Please send your comments and updates to
alumni@hvs.com. We value your feedback and look forward to your assistance
in connecting with HVS colleagues around the globe.
We’d love to hear from you if there are any upcoming alumni events or
gatherings in your city that you know of or are participating in. Please send us
details, and we will post them on our website to reach our fellow HVS alumni
from the world. |
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Tel: +1 (516) 248-8828 ext. 231 |
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